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FOX News
Dec 9, 2012 11:00am PST
schumer and republican bob corker. then the u.s. draws a red line telling syrian president assad not to use chemical weapons in that country's civil war. we'll discuss the latest intelligence and fallout with michael oren. a fox news sunday exclusive. plus the supreme court agrees to take up same-sex marriage. we'll ask our sunday panel if the court is likely do decide whether gays have a constitutional right to marry and a final farewell to my best friend winston, all right now on "fox news sunday." hello again from fox news in washington. it's beginning to feel like groundhog day in the talks of the fiscal cliff. both sides dug in, no agreement in sight and we're 23 days from the brink. join us to break down where it stands, two leader senators, charles schumer and bob corker. house speaker boehner said friday another week has been wasted. given president obama won the election and seems to have most of the political leverage, what's the realistic deal to be made in the next 23 days? >> first of all i think something's going to happen. i hope it's large enough for people who wa
Dec 9, 2012 4:00pm PST
charles schumer, and republican, bob corker. then, the u.s. draws a red line. telling syrian president aassad not to use chemical weapons in the country's civil war. we'll discuss the intelligence and the possible fallout with israel's ambassador to the u.s., michael oren, a fox news sunday exclusive, plus the supreme court agrees to take up same sex marriage. we'll ask our sunday panel what the court is likely to decide, whether gays have a constitutional right to marriage. >>> and, a final farewell to my best friend, winston. all, right now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. well, it is beginning to feel like ground hog day, in the talks to avoid the fiscal cliff. both sides dug in, no agreement in sight. and, we're now just 23 days from the brink. joining us to break down where things stand, are two leading senators. democrat charles schumer, of new york. and, republican bob corker, of tennessee. gentlemen, house speaker boehner said on friday that another week has been wasteded. senator corker, given that president obama won the electio
Dec 9, 2012 9:00am EST
. democrat charles schumer, of new york. and, republican bob corker, of tennessee. gentlemen, house seaker boehner said on friday that another week has been wasteded. senator corker, given that president obama won the election, and seems to have most of the political leverage, what is the realistic deal to be made in the next 23 days? >> first of all, i think something will happen. i hope it is large enough for people like me that want to see entitlement reform to vote for. the president has leverage and the republicans have leverage with the debt ceiling and the c.r. which ends in march and hopefully cooler heads will prevail. there are different theories coming forth on how to deal with this and again, chris, it is a unique moment in history, where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solvency and we have a situation where the minority party is trying to leverage the president into doing something that is great for our nation and it is a very unique time and i hope the president soon will see the li
Dec 20, 2012 3:00am PST
, for democrats. for people like dianne feinstein and chuck schumer, our friend who's going to be on. they can't -- andrea, they can't be leading this bill. dianne feinstein and chuck schumer and barbara boxer, the people who want this the most, are going to have to let people like joe manchin step forward because if joe manchin's leading this bill and police officers are behind this bill, law enforcement officers across america, local sheriffs in hometowns are behind this bill, it's going to make a huge difference. >> what joe mentioned -- saying is you have to put other things into this. you have to do the education, the mental health, the videos and the cultural aspects as well as guns because you have to broaden this coalition. that's his main pitch. i was so struck -- and forgive me, i can't remember the names -- you'll know it, of the syracuse basketball coach, the winning coach, 900 victories who, in his locker room victory moment, didn't want to talk about his victories on the court. he wanted to talk about guns. the athletic figures, you know, cruz and all the others -- >> you'll have
Dec 28, 2012 7:00pm EST
of senator schumer to not exceed eight minutes that the senate adjourn under the previous order. the presiding officer: without objection. mr. schumer: mr. president? the presiding officer: the senator from new york. mr. schumer: well, passing this bill was really a very fine accomplishment, and of course we senators get up and stand up and are very proud of it, as we should be, but without our staffs, we couldn't get any of this done. so i would just like to take a few minutes to thank my staff, many of whom were personally impacted by superstorm sandy, who worked tirelessly to ensure that new york's needs were adequately addressed, as my state continues to react and recover to superstorm sandy and her aftermath. because of their hard work and tireless efforts, i know that new york's needs have been addressed in the sandy supplemental legislation that passed through the senate earlier this evening. my great l.d., heather mchugh, coordinated this effort, making sure every type of aid was considered and included in this package. she has great knowledge of both the senate and the
FOX News
Dec 18, 2012 3:00pm PST
democrats voted for a plan by schumer that sounds similar to boehner. >> senator schumer said first i don't know a single one of my colleagues who would about prefer tax breaks ifer people up to $1 million. >> boehner has bigger proble problems. he has a bill for tax cuts for anyone making $250,000 or less. that could help avoid the cliff, since the senate already approved it. conservatives are likely to block it. >> our job is keep it as low as possible now. get 99% of americans not have a tax increase. that is goal. >> reporter: meaning with the clock ticking the democrats think they have boehner boxed in. >> we don't know details of plan "a" or "b" or whatever plan "c" might be. but we remain united behind our president. >> this is what plan "c" might look like. they can see scenario that president makes one more concession, that threshold could be $500,000 for the tax increases. boehner may not take it. it doesn't include major spending cuts or increase in the debt ceiling. so this leaves a lot on the table either way. >> bret: thank you. what is next in back and forth? check in now w
Dec 23, 2012 11:00am PST
? joining me democratic senator chuck schumer and republicans senator lindsey graham. >> plus, eight day before the fiscal cliff. what are the prospects for a solution? that's ahead. >> plus, eight day before the mi fiscal cliff. mi fisca[ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and t
Dec 24, 2012 3:00am PST
or will it suffer the same fate it has in the past? joining me democratic senator chuck schumer and republicans senator lindsey graham. >>> plus, eight days before the fiscal cliff. what are prospects for a deal. and the round table or the president's priorities in the new year. that's all ahead. fiscal cliff. fiscal cliff. whatirping ][ cellphon [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit how much is your current phone bill? four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimit
Dec 27, 2012 8:00pm EST
by the gentleman from new york, mr. schumer; by the gentleman from new jersey, mr. menendez, i'm not going to preet them. i'm going to ask unanimous consent that my written rebuttals be in the record. the presiding officer: without objection. ms. mikulski: and in the interest of time, i think we're all agreed the very intent to save money by adding delay and bureaucracy will cost money and will cost time in terms of getting people back on their feet in both their home and in their livelyhoods because remember what we seek here. helping people get their life back and helping get their livelihood back. and i think they have been very well articulated. i would like to take the opportunity to call up and dispose two amendments. i would thraoeubg call up -- i would like to call up in behalf of senator leahy 3403. the presiding officer: the clerk will report. ms. mikulski: mr. president this -- the presiding officer: the clerk needs to report. ms. mikulski: i ask -- the clerk: the senator from maryland ms. mikulski, for mr. leahy reports amendment 3403. ms. mikulski: i ask the amendment be considered as
Dec 27, 2012 5:00pm EST
tonight. senator schumer will be here tonight. senator menendez will be here tonight to help move this, in in addition to, of course, the manager of the bill on the other side. so we hope that people will work hard to get the debate out of the way tonight so tomorrow we can vote. we have a lot of votes tomorrow. we -- i'm led to believe that there are a amendments the managers of this legislation will pass either by voice or in some other quick fashion. ms. mikulski: mr. president? mr. president? the presiding officer: the senator from maryland. ms. mikulski: following up on leader reid's comments, to my colleagues on both sides of the aisle, if you have these amendments, senator schumer and i would like to know that you stay here this evening to offer and debate them as you were accorded under the unanimous consent agreement. if you come up and tell senator schumer and i now, we can get an order and a sequencing and tell you when we can call you up. we'd like very -- so instead of everybody standing around, we would actually get a regular order, you would know when your amendment's co
FOX News
Dec 18, 2012 11:00pm PST
of people on the right think he gave them -- >> bob: wait, wait, wait. this is not the pelosi-schumer proposal. what he is not saying that the republicans will keep in capital gains tax cuts for everybody. not dealt with any of the other tax issues involved in that bill. he said $1 million. that is it. everything else stays the same. except for people over $1 million. >> eric: schumer had capital gains rate low. schumer deal. >> bob: i don't care what schumer did. >> andrea: this is a p.r. nightmare for boehner. we have great reporting from chad pergram who said they might bring this to the deal on thursday, put him on record. then they would only have to vote for extending middle class tax rates. this sneaky. >> they should be mad on spending from both sides. double triple counting. it's unclear. this is a huge opportunity for america to change course with major tax reform. major entitlement reform. that is the point, the whole point of the fiscal cliff to push them to try to do something on entitlement reform. what are we getting? zero on that. >> bob: we are getting boehner plan "b
Dec 24, 2012 1:00am PST
senator chuck schumer and republicans senator lindsey graham. >> plus, eight day before the mi fiscal cliff. mi fisca[ male announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal
Dec 24, 2012 10:00am PST
. democrat senator chuck schumer and republican senator lindsey grap striking similar notes on taxes, but time is running out. there's still no real deal in sight. joining me now is congresswoman karen bass, democrat from california. congresswoman, it's great to have you here, and as we're hearing about what's taking place in washington or what was taking place before everybody closed up shop to go home for the holidays, we're hearing that more republicans are calling for compromise on the tax issue. however, nearly 200 house republicans appeared to set back speaker boehner's plan b. at this point is there hope that even a small deal will get done before the new year? >> well, i certainly hope there is, but, you know, we left -- when you said some republicans are calling for it, you are talking about republicans in the senate. not in the house, unfortunately. i do think that if the senate acts just like they have to act last year over the payroll tax hike, that maybe there will be some movement in the house. it's a shame to say, though, that the house just sent the ball over to the s
Dec 30, 2012 9:00am EST
? >> this is deja vu all over again. >> we'll of course 0 our headliners, from the senate, democrat chuck schumer and republican jon kyl. from the house, democrat chris van hollen and republican raul labrador. in our powerhouse roundtable on all the week's politics with former vermont governor howard dean, former minnesota governor tim pawlenty, todd purdum of vanity fair and maggie haberman of politico. "vanity fair and man of politico. " and maggie haberman of politico. >>> you are looking at live pictures of capitol hill over the next 12 hours, what happens there or what doesn't happen will cut to the very heart of your financial future and the fate of our struggling economy. good morning, i'm jonathan karl with a special edition of "this week." george is off for the holidays. the world is watching and waiting to see what happens here today in washington. at this hour, congressional leaders are working to find common ground desperate for some sort of compromise, my sources tell me this morning the odds of a deal are still no better than 50/50. the senate will convene today at 1:00 p.m., the ho
Dec 3, 2012 11:00pm EST
to say that the citizens of new york are so lucky to have you been senator schumer's another's carrying the weight of superstore and sandy so we can fix this and is the mitigation we don't see this again. >> thank you, madam chairwoman for holding this hearing today. i can't tell you how important it is for the congress to understand the depth and breadth of this storm and what impact it had. i also appreciate the kind words and your call in the middle of the storm giving your condolences for the dems and families suffering. i also want to thank my colleagues appearing before this panel later in this hearing. senator schumer will comment has been a stalwart advocate for new york and the rest of our delegation as well. i want to thank you for giving us the opportunity to tell the story of what happened to her families in new york. over a month ago, superstrength sandy ravage the northeast that left a path of destruction that cut across the most densely populated region of the country. unimaginably altering lives of tens of millions of people. more than 40 new yorkers died. millions more
Dec 30, 2012 8:00am PST
we begin. let's get the latest from two top senate leaders. joining us now, senator chuck schumer of new york, senator jon kyl of arizona. so, gentlemen, do we have a deal? >> well, there are certainly no breakthroughs yet between senator mcconnell and senator reid, but there's a real possibility of a deal. i've been a legislator for 37 years, and i've watched how these things work. on these big, big agreements they almost always happen at the last minute. neither side likes to give up its position. they eyeball each other till the very end. but then each side, realizing that the alternative is worse, comes to an agreement. so while an agreement is hardly a certainty, i certainly wouldn't rule it out at this last minute. >> give me your odds. i said 50/50. >> i think a little higher than that. >> senator kyl? >> i don't disagree with chuck, and i also would say the way you opened the program does not under or overstate the consequences. if we are not able to reach an agreement, it will be dire. and that's from everybody from the congressional budget office which is nonpartisan, as
FOX News
Dec 19, 2012 3:00pm PST
play them. today, schumer said this. >> we'll wait to see if they pass it. no way the plan passes in the senate. no way. >> bret: in october, senator schumer said this. >> look, i have preferred the million dollar line. for all the reasons i stated. but to me it's far more important that the high-end people pay, help contribute to revenues than where you draw the line. >> bret: okay. so anyway. i want to just play while you are talking about it -- >> senator schumer's position is because he is from new york. in new york, cost of living is higher. $250,000 is not what $250,000 is in other places. the same in washington, d.c. i do think that it is a fair place to draw the line. it's just not where the president wants to draw the line. though he has moved his line. he has moved. let's not say he hasn't moved at all. it's come down on the revenues. come down, or up on the, what the amount would be taxed. so he has moved. >> bret: but not on spending cuts. charles? >> the president invoking the massacre of children to say the republicans need to accept his terms of surrender in the neg
Dec 24, 2012 6:00am PST
. >> let's listen to chuck schumer responding to wayne lapierre's comments on the press. >> i think he's so extreme and so tone deaf that he actually helps the cause of us passing sensible gun legislation in the congress. >> friday's comments, yesterday's interview, what's your thought here? was he handling the sensitivity properly here? >> when the nra entered the fray on friday, they introduced a different topic into the conversation we'd been talking a lot about gun control, mental health issues and here we have a new topic of arming more people in schools. so i think this might be a more divisive part of the conversation and kind of might rile up some democrats to be opposing them. >> jake, you know, lapierre was very clear in his messaging over the weekend as well as on friday and kaitlin was making one note of that. who is he trying to convince right now and is he the right personing to carrying the message right now coming from the nra? >> i think you've seen a backlash of sorts, even from the right, people who think his message was a little bit off, but going forward the nra is goin
Dec 21, 2012 6:00am EST
. i remember when senator schumer the clear he believed there should not be an increase for anyone who earns under $1 million. i know there was a lot of discussion within the democratic caucus as to what that level should be. this is the love of senator chuck schumer indicating he supported earlier on. -- this is the level of senator schumer indicate the supported earlier on. we are not planning to adjourn. we want to address this issue. what to do everything we possibly can to resolve this as quickly as we possibly can. we are a few days away from christmas. we are still here working. we are prepared to come back after christmas. sadly, many of our colleagues are going to the funeral of senator inouye. that will take place in high and has created a challenge to us as it relates to the schedule itself. we understand this is a difficult time. we need to work together to put into place pro-growth economic policies. as i said in my opening remarks, here is a bipartisan question to that. i commend the president for his call for the reduction in corporate tax rate. the real tax reform, some
Dec 3, 2012 2:00pm PST
? below that they have to get the deal. >> the problem with this is chuck schumer and other senate democrats tried to offer this to republicans last time. remember the last time we did this they rejected it. >> it works for them now. they can say all we want is the schumer deal. >> right now they don't have the leverage to get the schumer deal. they rejected the schumer deal. they don't have the leverage to get it. >> here we disagree. i think they may have a case. if the bogey man is the millionaire -- >> i think that's where it's going to end up. i think that's the flektability in the negotiations at the end is over to whom the higher rates apply. >> but they don't raise that much money if you do it this way. >> it's true. it's a sliding scale. the higher up you go, the less money you raise. >> is it a debt reduction thing or an he can quit thing at that point? >> for the president it's both about the arithmetic and about the point. it's about the point of everybody paying their fair share. >> let's talk nor about where we're at. people tuned to find out where it's at. roughly sp
Dec 23, 2012 6:00pm EST
senators took to the airwaves today to discuss what happens next. democrat chuck schumer and suggested republicans needed to work on a partisan solution and accept the reality of tax increases. republican senator lindsey graham says he does not expect a big deal until the next round of debt ceiling talks. >> our republican colleagues, by refusing to go along with revenues, are risking the fiscal cliff. >> there will not be a big deal. the chance for a big deal is with the debt ceiling. that is one of will have leverage to turn the country around. >> president obama urged congress to get a deal done when they returned from christmas break. president obama was among the dignitaries that attended the memorial service for the senator. the world war ii was the first japanese-american elected to both houses of congress, serving hawaii for 50 years. he died of respiratory complications last monday. he was 88 years old. former president bush is still in stable condition in a houston hospital. the 88-year-old former president has been hospitalized since november undergoing treatment for bronchi
Dec 23, 2012 11:00pm EST
colleague chuck schumer of new york thinks the nra's position will only help lawmakers who want more stringent gun regulation. >> well, i think he's so extreme and tone deaf he actually helps the cause of us passing sensible gun legislation in congress. >> reporter: friday president obama assembled a task force to reduce gun violence and wants concrete proposals in a month. ideas on the table include an assault weapons ban and limiting the number of bullets a magazine can hold. in washington steve centanni, fox news. >>> a perfect sunday to round out the weekend, but now is the christmas holiday going to shape up? >> a last look at the forecast. gwen? >> today was wonderful, plenty of sunshine and light winds, but things are changing. current temperatures, 37 d.c., 25 manassas, 25 annapolis. now we've got a few clouds starting to roll in and we're keeping a close eye on the system affecting areas to the west of us. from tomorrow morning since a.m. till noon there is a winter weather advisory and freezing rain advisory in the shaded areas. this includes highland, pendleton, grant an
Dec 16, 2012 8:30am PST
democrat chuck schumer. plus, a panel of experts and opinion makers. this is "face the nation." captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: well interesting gets worst with every new detail and we'll get into some of that, but here is the latest. authorities have released the names of the 28 victimes, including 20 first grade student, six adult women who worked at the school. the president will attend a memorial service later today. he will visit with the families. many of the early details about what happened were wrong. we are now getting a better handle on what did happen, but so far no one seems to know exactly what motivated the shooter, 20-year-old adam lanza. we're going to begin our coverage with the spokesman for want connecticut state police, lieutenant paul vance. lieutenant, thank you so much for finding time for us. you said something yesterday that you thought the search of the various crime scenes had been successful, and you might have found something that would help us understand the why and the how of this.
Dec 24, 2012 4:30am EST
charms schumer today -- charles schumer today said trying to prevent shootings in schools without talking about guns is like talking about lung cancer without talking about cigarettes. >> the company which calls itself the world's largest arm supplier said it sold three and a half years worth of ammunition magazines in just three days. the ar15 is the nation's most popular semiautomatic rifle similar to the models used in the newtown shootings. >>> with time running out to avoid the fiscal cliff, democrats and republicans have left the capital for home. for the majority of the country, that means we are going over that cliff. president obama is in hawaii for christmas with his family. before he left he urged congress to adopt a stopgap measure to prevent taxes from rising on people who make less than 250,000 a year. he also asked for a plan to keep providing benefits to unemployed workers. house speaker john boehner is home in cincinnati. he failed to get members of his own party to support his plan b proposal for ending the crisis. speaker boehner says the stalemate and the failure of pl
Dec 28, 2012 7:00am EST
senator chuck schumer of new york. gentlemen, good morning. by my count, we're less than 90 hours away now from the new year's eve deadline. senator thune, let me start with you. what do you and republicans need from democrats to get a deal done? >> well, what we would like to see, willie, is first off something that deals with spending. we believe this isn't a revenue issue. this is a spending issue. that ought to be a part of any solution. secondly, we ought to focus on jobs and the economy. anything that is done ought to be focused on what can we do to get the economy expanding, create jobs. when people are working, they're paying more taxes. the government is generating more revenue. that makes all these problems smaller by comparison. jobs and growth ought to be a guiding principle in this discussion, which is why republicans are so reluctant to go for the big tax increases the president is trying to get through. >> senator, is it reasonable to ask taxes to go up on those households making more than $400,000 a year as the president presented to speaker boehner? >> well, you know, i th
Dec 20, 2012 7:00pm EST
nancy pelosi's own words and chuck schumer's only worpds againds a them and say we're going to cover, because the president's not working in good face with us, 99% of americans in small business don't see taxes going up in january -- >> are you expecting nancy pelosi to get her joet she said make the threshold $1 million. have you tried to whip her today? >> absolutely. it's funny. people on shows like yours saying democrats say they'll never call this for the vote. well, democrats six months ago said this was their plan. so let's ask chuck schumer why he's changed his mind on saving 99.8% of americans? let me add this to viewers. people aren't cove erg the other good part of plan b. the estate tax, which i know millions of american, small businesses and family, family farms in my distributor worried about, would go back to $1 million on january 1. if plan b becomes law, we not only keep the $10 million exemption for couples and make it permanent, something that couldn't happen even under president bush, but we get it tied to, indexed for inflation, again, it's something that sb not
FOX Business
Dec 2, 2012 1:30am EST
as well put some spending in there. in this case, a minimum of 50 billion others like chuck schumer talked not trying to find a wayo wiggle half a trillion dollars for another construction effort here, and on and on and on. >> well, of course, unfortunately, neil, i should say for better or worse, the way you're describing it is in fact the way it works, that's how the christmas tree ets built and-- >> you don't find it ironic, part of a year end fiscal cliff avoider meant to address spending includes measures that hike spending? >> well, you'll getting there. i mean, ihink it's curious to-- >> well, let me-- seriously, i have not even gotten a sense of where there is. >> well, here is the point, neil. you mentioned at the opener and again that this is about addressing spending. of course it's about addressing spending, but that's nothe only i think it's about. there's obviousl there's two ways to address this, right, through spending and through revenue. it's about both those things and the president has said that he's open to entitlement reform no matter what nancy pelosi says, and so, i
Dec 16, 2012 6:00pm PST
of a 2i7ing point. new york center charles schumer on face the nation wants to renew the ban on assault weapons that expired eight years ago. >> the public will not accept as a new normal one of these incidents every month richard blum only thal wants to limit the size of clips. >> i want to talk about it perhaps as early as this week. >> some speak of defying the national rifle association, a powerful lobby that favors gun ownership rights. republican louis gohmert of texas is an nra supporter. he says if more citizens had guns we would be safer, including the school principal murdered in newtown. >> i wish to god she had had an m-4 in her office looked up so when she heard gunfire she pulls it out and she doesn't have to lung heroically with nothing in her hands but she takes him out. >> flags at federal buildings and at nra headquarters are at half-staff but no comment from the nra telling cbs news there still aren't enough facts about the connecticut crime. fear of the lobby might be exaggerated but it does oppose almost any new regulations, political analyst norman ornstein. >> no
Dec 7, 2012 4:00am PST
at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the improving housing market is turning into a wealth builder for americans. according to the federal reserve, financial wealth in american households grew to $64 trillion, up $1.7 trillion during the 3rd quarter. here's how that happened: the value of real estate rose $300 billion, while stocks climbed $520 billion. economists have said an increase in wealth translates into consumer spending. the report from the fed also shows americans cut debt by 2% last quarter. space exploration technologies, better known as space x, has landed a big - and much desired - new customer this week: the u.s. air force. the privately- held space exploration company already has a $1.6 billion contract with nasa. this new vent
Dec 23, 2012 11:00pm EST
, the american people think it's crazy not to do it. >> reporter: new york senator chuck schumer said nothing should be taken off the table when talking about gun control. >> trying to prevent shootings in schools is like talking about trying to prevent lung cancer without talking about cigarettes. >> reporter: kay daley hutchinson is a gun supporter >> i think we ought to be looking at where the real danger is, the large clips, i think it needs to be looked at. >> reporter: several states are reexamining gun control. president obama formed a task force to look at ways to reduce gun violence. edward lawrence, "wjz" "eyewitness news." >> this has lead to a surge in gun sales. three years of ar15 ammunition magazines have been told in the last three days. >> >> fiscal cliff talks, without a deal, automatic tax hikes and spending cuts would kick in january 1st, affecting almost all americans. democrats and republicans insist they are committed to reaching a deal. congress returning to washington the day after christmas. senator from hawaii, laid to res
Dec 28, 2012 12:00pm EST
is a long shot. but senator charles schumer told the "today" show that the odds are better than people think. if a deal were to pass, senate house speaker john boehner would have to agree to take it to the floor of the republican controlled house. danielle nottingham has more. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last- minute agreement to avoid automatic spending cuts and tax increases due to kick in on january 1st. >> probably the worst case scenario will come out of this maybe today and -- meeting today and that is we will kick the can down the road. >> reporter: senator bob corker told "cbs this morning" he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something but let me just say one more time. this is a to
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